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40 York Rd
Towson, MD 21204 Downtown Towson

$1,100,000 USD

Medical Condo For Sale  •  5,158 SF

Property Details

  • Property Type Medical
  • Total Building Size 41,000 SF
  • Lot Size 1.43 AC
  • Building Class B
  • Year Built 1988
  • Tenancy Multiple
  • Zoning BM
62 Transit Score
94 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 201 & 220 Medical Office 5,158 SF $1,100,000 USD
  • Unit Size: 5,158 SF
  • Condo Use: Medical Office
  • Price: $1,100,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $213.26 USD

Description

Own a polished, amenity-rich footprint in the heart of Towson’s business district. Suites 201 & 220 at 40 York Rd offer a rare blend of owner-user optionality and stabilized (or easily stabilizable) income—perfect for medical & dental, life sciences/R&D, or high-end professional services.

Three ways to play this opportunity

Owner-User + Income (Suite 220):
Acquire Suite 220, currently leased month-to-month to Somru BioScience at $71,357/year. Extend the tenant, re-tenant at market, or transition into the space as an owner-user when timing is right. TI (build-out funds) available for purchaser to tailor the plan—treatment rooms, wet/dry lab, executive offices, collaboration areas, you name it.

Pure Landlord Play (Suite 101—Optional Add-On):
Prefer turnkey cash flow? Purchase Suite 101, leased to MAT Clinics at ~$40,000/year, and step into immediate income with a respected medical tenant. Hold as a steady performer in a supply-constrained submarket.

Portfolio Approach (Buy Both!):
Combine the offerings for a balanced strategy—stable income today with Suite 101 and flexible upside with Suite 220. Lease-to-Own structure is possible for qualified buyers.

Why 40 York Rd stands out

Blue-chip location along a high-traffic corridor with prominent York Road visibility—minutes to Downtown Towson.

Walkable ecosystem: Steps to Towson University; near Loyola University Maryland, GBMC, and UM St. Joseph Medical Center—a powerful network for referrals, talent, and research partnerships.

Lifestyle & access: Surrounded by restaurants, entertainment, and retail; quick links to I-695 and I-83 for seamless regional reach.

On-site advantages: Private garage parking with direct elevator access to the suites; on-site restaurant and fitness amenities support staff well-being and client convenience.

Capital plan flexibility: TI available for purchaser to modernize or customize; repositioning pathways for medical, R&D/life sciences, or premium professional services.

Exit and hold optionality: Extend existing tenancy, re-tenant at market, or occupy—this asset works across market cycles.

Ideal Uses

Medical & Dental: Exam/treatment rooms, imaging-ready zones, efficient patient flow.

R&D / Life Sciences: Wet/dry lab potential, sample prep, collaboration benches.

Professional Services: Executive offices, glass conference rooms, client lounge.

Own in Towson’s most dynamic corridor and align your real estate with your growth plan.
For financials, touring, and Lease-to-Own details, contact The Ellitan Group.

Highlights

Private garage + direct elevator to suite
Towson Downtown District
Minutes to UM St. Joseph Medical Center
On-site restaurant & fitness amenities
Moments from Towson & Loyola University

Amenities

  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Penn Station (PENN - WASHINGTON - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC)) 18 min - 6.6 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 39 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Jesse Elliott 571-422-0575 Samson Properties
Jesse Elliott 571-422-0575 Samson Properties